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Bullboard - Stock Discussion Forum GulfSlope Energy Inc GSPE

Energy Oil & Gas E&P
GulfSlope Energy, Inc. (GulfSlope) is an independent oil and natural gas exploration company. The Company's interests are concentrated in the United States Gulf of Mexico federal waters offshore Louisiana. The Company has under lease one federal Outer Continental Shelf block and licensed three-dimensional (3-D) seismic data across its area of concentration. It uses its licensed approximately 2... see more

GREY:GSPE - Post Discussion

GulfSlope Energy Inc > Current Operations......... from 10-Q
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Post by Ebenizer3 on Feb 14, 2020 5:17pm

Current Operations......... from 10-Q

conducting pre-drll ops for 2 prospects to include Tau which is anticipated to be drilled in 2020. Exploration plan has been filed with BOEM pending approval. The Canoe prospect is being evaluated, well info and seismic data for further evaluation of shallow water potential of wellbore and block. Also a deeper subsalt prospect is drill-ready due to further seismic enhancement. I DIDN'T see anything about the Corvette prospect, so guessing the Corvette prospect lease expired. But maybe I missed it. Good luck to all.
Comment by Ebenizer3 on Feb 15, 2020 9:28am
They need to raise 10 mil for there drilling, which seems low. They have 3.8 mil cash on hand but 3.1 mil is spoken for. With just 700 thousand, they have enough to keep the lights on but will have to ditch cable (the NFL Network, the Golf channel etc.) Again hope to hear something from ceo SOON!!! I'm standing in the window of the 1st floor of my single wide over looking the beautiful ...more  
GulfSlope Energy Inc
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